Mr. Rich Wheeless of Netcapital reports

NETCAPITAL TO TOKENIZE HYDROGEN DRILLING ASSETS

Netcapital Inc. (NASDAQ: NCPL, NCPLW), a digital private capital markets ecosystem, today announced that it has engaged its first issuer of tokenized assets.

As part of this initiative, Netcapital has commenced work with Purewave Hydrogen Corp., a company listed on the TSX Venture Exchange, to structure a securities-based tokenization of hydrogen drilling assets located in the Mid-Continent Kansas shelf.

Netcapital believes this engagement represents its first potential revenue-generating real-world-asset tokenization initiative and is being developed as a repeatable template for future issuer engagements across additional asset classes. The company intends to apply a consistent fee structure and technology framework across subsequent real-world asset tokenization projects in order to build a scalable, diversified stream of platform revenue over time. Netcapital is currently evaluating and in discussions with additional prospective issuers that may be suitable candidates for similar structures; however, there is no assurance that such discussions will result in completed engagements.

"The company believes this project demonstrates how regulated digital infrastructure can modernize capital formation for asset-backed projects by enabling compliant access to a broader investor base. By structuring offerings that allow investors, subject to applicable regulations, to participate in project-level economic exposure, Netcapital aims to expand participation beyond traditional institutional or high-net-worth channels while maintaining investor protections," said Rich Wheeless, chief executive officer of Netcapital.

About Netcapital Inc.

Netcapital is a fintech (financial technology) company with a scalable technology platform that allows private companies to raise capital on-line and provides private equity investment opportunities to investors. The company's financing portal, Netcapital Funding Portal Inc., is registered with the U.S. Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The company's broker dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.